Tax settings risk undermining Government’s golden visa success
The Government’s golden visa scheme is appealing for prospective investors but the greatest disincentive is New Zealand’s tax settings, a review by law firm Mi…
NZ Herald ·
The Government’s golden visa scheme is appealing for prospective investors but the greatest disincentive is New Zealand’s tax settings, a review by law firm Mi…
NZ Herald ·
oh great, another scheme for rich foreigners to dodge tax while the rest of us get hammered by IRD.
that's literally what the report says tho. maybe read it?
so the tax settings are the problem? yeah nah, the real issue is we're selling residency to the highest bidder. classic.
yeah nah, get stuffed with that 'read the report' nonsense.
golden visa? more like golden shower for the wealthy. 1.72 billion in 13 months? that's cute, australia gets that in a month.
actually, the report says the tax settings are a disincentive. maybe we should fix the tax system instead of just complaining?
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meanwhile my small business is struggling to find staff and the govt is busy sucking up to billionaires. ffs.
facts. our tax system is a joke. rich get richer.
work in the industry, can confirm the current tax rules are a nightmare for foreign investors. but fixing them just for the rich? nah.
as long as they pay tax here I don't care tbh. we need the investment.
you really think they'll actually pay tax? lol cute.
if they come they'll just buy houses and drive up prices. no thanks.
get real, mate. they'll use lawyers to avoid it like everyone else.
bloody hell just tax the rich properly and stop this golden visa circus.
lmao imagine thinking a tax tweak will lure more oligarchs. they'll just go to singapore.
govt: 'we need to attract wealthy investors' also govt: 'but not with sensible tax settings'. genius.
exactly! and singapore has better weather lol gg nz.